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S.I. No. 385/2005 - Investor Compensation Act 1998 (Section 18(4)) (Prescription of Bodies and Individuals) (Amendment) Regulations 2005

Type Statutory Instrument

Publication 2005-07-21

Last updated 2015-09-22

State In force superseded text

Text As published

Source Irish Statute Book

articles 2

This is the act as published. Later amendments are not folded into the text below: each one is a separate act in this repository and an entry in this law's history.

1 amending act · 2015-09-22, S.I. No. 395/2015 - Investor Compensation Act 1998 (Prescription of Bodies and Persons) R…

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S.I. No. 385 of 2005

Investor Compensation Act 1998 (Section 18(4)) (Prescription of Bodies and Individuals) (Amendment) Regulations 2005

I, Brian Cowen, Minister for Finance, in exercise of the powers conferred on me by section 18(4) of the Investor Compensation Act 1998 (No. 37 of 1998) (as amended by the Central Bank and Financial Services Authority of Ireland Act 2003 (No. 12 of 2003)), hereby make the following regulations:

1.

These Regulations may be cited as the Investor Compensation Act 1998 (Section 18(4)) (Prescription of Bodies and Individuals) (Amendment) Regulations 2005.

2.

The Investor Compensation Act 1998 (Section 18(4)) (Prescription of Bodies and Individuals) Regulations 2004 ( S.I. No. 570 of 2004 ) are amended by the substitution of the following for paragraphs (c) and (d) of Regulation 2:

“(c) Ms Gina Quin, Dublin Chamber of Commerce, 7 Clare Street, Dublin 2;

(d) Mr Mark Redmond, Irish Taxation Institute, 19 Sandymount Avenue Dublin 4;”,

and the said Regulation 2, as so amended, is set out in the Table to this Regulation.

TABLE

For the purposes of section 18(4) of the Investor Compensation Act 1998 (No. 37 of 1998 (as amended by the Central Bank and Financial Services Authority of Ireland Act 2003 (No. 12 of 2003)), the following bodies and individuals are prescribed as bodies and individuals that appear to the Minister to represent the interests of clients of investment firms:

(a) The Consumers Association of Ireland;

(b) The Office of the Director of Consumer Affairs;

(d) Mr Mark Redmond, Irish Taxation Institute, 19 Sandymount Avenue Dublin 4;

(e) Ms Inge Clissmann, P.O. Box 4460, Law Library Building 158/9 Church Street, Dublin 7.


	GIVEN under my Official Seal, 21^st July 2005
	BRIAN COWEN Minister for Finance.

EXPLANATORY NOTE

(This note is not part of the Instrument and does not purport to be a legal interpretation).

The purpose of these Regulations is to provide for the nomination of two persons for appointment as directors of the Investor Compensation Company Ltd.

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